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Procurement Analyst

Procurement AnalystJob ID197027Posted10-Dec-2024Service lineGWS SegmentRole typeFull-timeAreas of InterestPurchasing/ProcurementLocation(s)Remote - US - Remote - US - United States of AmericaAbout the RoleAs a CBRE Procurement Analyst, you will design, evaluate, and provide reports based on the collection of data related to the sourcing, contracting, management, and performance of suppliers and vendors.This job is part of the Procurement function. They are responsible for sourcing and purchasing goods, services, or raw materials from vendors and suppliers.What You’ll DoDesign, generate, review, and implement reports to support account, client, and global sourcing requirements.Prepare the results of reports along with their relative impacts on the business.Maintain data integrity of databases and make changes as required to enhance accuracy, usefulness, and access.Collect and rationalize data from many sources. Conduct thorough financial evaluation.Ensure data integrity and accuracy. Use data from many sources to create a complete overview that includes improvements and recommendation(s).Prepare forecasts and investigate trends in general business conditions.Have some knowledge of standard principles with limited practical experience in applying them.Lead by example and model behaviors that are consistent with CBRE RISE values.Impact the quality of own work.Work within standardized procedures and practices to achieve objectives and meet target dates.Exchange straightforward information, asks questions and check for understanding.What You’ll NeedBachelor's Degree preferred with up to 3 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.Ability to use existing procedures to tackle standard problems.Experience with analyzing information and standard practices to make judgments.In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.Organizational skills with a strong inquisitive mentality.Intermediate math skills. Ability to calculate difficult figures such as percentages, fractions, and other financial-related calculations.Why CBRE?• When you join CBRE, you become part of a global leader in commercial real estate and investment services that help businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact! Our collaborative environment is built on our shared values — respect, integrity, service, and excellence — and we value the varied perspectives, backgrounds, and skills s of our people. At CBRE, you have the opportunity to chart your own course and realize your full potential!Disclaimers• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary for the Procurement Analyst position is $65,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.The application window is anticipated to close on 12/14/2024 and may be extended as needed. Or to express interest in similar roles, visit CBRE.com.Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.CBRE GWSCBRE Global Workplace Solutions (GWS) works with clients to make real estate a meaningful contributor to organizational productivity and performance. Our account management model is at the heart of our client-centric approach to delivering integrated real estate solutions. Each client is entrusted with a dedicated leader and is supported by regional and global resources, leveraging the industry's most robust platform. CBRE GWS delivers consistent, measurably superior outcomes for our clients at every stage of the lifecycle, and across industries and geographies.Find out more (https://www.cbre.com/real-estate-services/directory/global-workplace-solutions)CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
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What You Should Know About Procurement Analyst, CBRE

Are you ready to dive into the world of procurement and make a significant impact? Join CBRE as a Procurement Analyst in Trenton, NJ, and play a vital role in supporting our global sourcing requirements! In this exciting position, you'll be responsible for designing, evaluating, and generating reports based on data critical to sourcing, contracting, managing, and assessing supplier performance. Your analytical skills will shine as you collect data from various sources, conduct thorough financial evaluations, and prepare forecasts while investigating trends in business conditions. You’ll also ensure data integrity, making improvements to enhance accuracy and usefulness. We’re looking for someone with a Bachelor's Degree (or equivalent applicable experience) and up to 3 years of relevant experience. Familiarity with Microsoft Office is a must, along with a strong inquisitive mindset and good organizational skills. At CBRE, we’re a dynamic team seeking collaborative problem solvers who live our values of respect, integrity, service, and excellence. With a competitive salary starting at $65,000 and a comprehensive benefits package including health, dental, vision insurance, and a 401(K), this role offers growth and the chance to chart your own path. Are you ready to help businesses thrive? We can’t wait to see what you’ll bring to our team!

Frequently Asked Questions (FAQs) for Procurement Analyst Role at CBRE
What are the main responsibilities of a Procurement Analyst at CBRE?

As a Procurement Analyst at CBRE, your primary responsibilities will include designing and generating reports that support sourcing requirements, ensuring data integrity, and conducting financial evaluations. You'll also collect data from various sources, prepare forecasts, and analyze trends affecting our operations. It's a role that requires both analytical skills and strategic thinking.

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What qualifications are required for the Procurement Analyst position at CBRE?

To be considered for the Procurement Analyst role at CBRE, you should have a Bachelor's Degree preferred, along with up to 3 years of relevant experience. If you don't have a degree, a combination of education and hands-on experience will be assessed. Proficiency in Microsoft Office, particularly Excel, is also essential for handling data and reporting tasks.

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What software skills should a Procurement Analyst at CBRE possess?

A Procurement Analyst at CBRE should have a strong command of Microsoft Office products, especially Excel for data analysis and reporting. Familiarity with database management and analytical software can also be beneficial, enabling you to interpret data effectively and generate valuable insights for the business.

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What benefits does CBRE offer for the Procurement Analyst position?

CBRE provides a competitive compensation package for the Procurement Analyst role, starting at $65,000 annually. In addition to salary, you will be eligible for a discretionary bonus and a robust benefits package including health, dental, and vision insurance, along with a 401(K) plan, promoting your financial well-being.

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How does CBRE ensure workplace diversity for the Procurement Analyst role?

CBRE is committed to fostering a diverse and inclusive workforce. We actively promote equal employment opportunities for all applicants regardless of race, gender, or background. Our policies and practices are designed to support diversity in hiring and to create an environment where everyone can thrive at CBRE.

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Common Interview Questions for Procurement Analyst
What experience do you have with data analysis relevant to the Procurement Analyst role?

In your response, provide examples of specific projects where you analyzed data to improve procurement processes. Highlight the tools you used, outcomes achieved, and how this experience prepares you for success in the Procurement Analyst role at CBRE.

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Can you describe a time you identified a trend through data analysis?

Discuss a situation where you noticed a trend in procurement data that led to actionable improvements. Explain how you collected and analyzed the data, the insights you derived, and how those insights were applied to enhance supplier relationships or operational efficiency.

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How do you ensure data integrity in your reporting?

Explain your systematic approach to maintaining data integrity, such as regular audits and validation processes. Discuss the importance of accuracy in reporting and how this aligns with CBRE's values, emphasizing your commitment to high-quality work.

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What strategies do you use to enhance your organizational skills?

Share specific techniques or tools you utilize to stay organized in managing multiple tasks and data sets. Mention any project management software you might have used and how it has helped you prioritize and effectively manage your workload.

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In what ways do you stay updated on procurement trends and best practices?

Discuss your proactive approach to professional development, such as pursuing online courses, attending industry conferences, or following procurement-related publications. This demonstrates your commitment to continuous improvement and aligning your skills with industry standards.

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How do you handle tight deadlines while ensuring accuracy in your work?

Provide examples of how you prioritize tasks and manage your time effectively when faced with tight deadlines. Emphasize your methodical approach to ensuring accuracy even under pressure, showcasing your problem-solving skills.

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Describe your experience working in a team setting.

Illustrate your collaborative skills by sharing examples of successful team projects you've contributed to. Highlight your communication skills, your ability to share ideas, and how you navigate differing opinions to achieve project goals.

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What challenges do you foresee in the Procurement Analyst role at CBRE, and how would you address them?

Reflect on potential challenges such as managing diverse supplier relationships or dealing with fluctuating data. Discuss how your analytical mindset will help you tackle these challenges and contribute positively to the team's success.

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What motivates you about working in procurement?

Convey your enthusiasm for procurement by discussing what aspects you find most rewarding, such as relationship building, strategic negotiations, or seeing the impact of data-driven decisions. Relate this motivation to the impact you wish to have at CBRE.

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How would you contribute to CBRE's company culture as a Procurement Analyst?

Express your alignment with CBRE's values of respect, integrity, service, and excellence. Share how you intend to embody these values in your work and interactions with colleagues, fostering a positive and collaborative workplace environment.

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CBRE is the world’s largest commercial real estate services and investment company, with the #1 global market position in leasing, property sales, outsourcing, property management and valuation. CBRE is also the largest commercial property develop...

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DATE POSTED
December 14, 2024

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